USDJPY Analysis. After a minor consolidation, USDJPY continues its downward movement from 84.17, and the fall extends to as low as 80.63. Now the pair has reached the lower line of the price channel on 4-hour chart,...
USDJPY Analysis. USDJPY may be forming a cycle bottom at 81.19 on 4-hour chart. Further rally to test the resistance of the downward trend line could be expected, a clear break above the trend line resistance will...
USDCAD Analysis. USDCAD stays in a trading range between 0.9841 and 1.0050. Lengthier sideways movement in the range would likely be seen over the next several days. As long as 1.0050 resistance holds, the price action in...
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USDJPY Analysis. USDJPY stays below a downward trend line on 4-hour chart, and remains in downtrend from 84.17. As long as the trend line resistance holds, the price action in the range between 81.55 and 83.38 could...
USDJPY Analysis. USDJPY stays below a downward trend line on 4-hour chart, and remains in downtrend from 84.17, the rise from 81.55 is treated as consolidation of the downtrend. As long as the trend line resistance holds,...
Elliott Wave International (EWI) has released a free 10-page trading eBook: How You Can Find High-Probability Trading Opportunities Using Moving Averages, bySenior AnalystJeffrey Kennedy.
GBPUSD Analysis. GBPUSD is facing the support of the lower line of the upward price channel on 4-hour chart. As long as the channel support holds, the fall from 1.6062 could be treated as consolidation of the...
EURUSD Analysis. EURUSD moves sideways in a range between 1.3252 and 1.3385. As long as 1.3252 key support holds, the price action in the range is treated as consolidation of the uptrend from 1.3003, and another rise...
